Examlex
Asset allocation funds invest in various asset classes including stocks,bonds,fixed-income securities,and money market instruments.
Decentralized Authority
An organizational structure in which decision-making authority is distributed among various levels and departments, rather than being concentrated at a central point.
Narrow Spans of Control
An organizational structure where each manager has a limited number of direct reports, allowing for more intimate supervision and engagement.
Adaptive Organization
An organization that operates with a minimum of bureaucratic features and encourages worker empowerment and teamwork.
Continuous Adaptation
The ongoing process of adjusting and modifying responses or operations in reaction to changing environments or circumstances.
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